Ethereum co-founder Vitalik Buterin has pledged to donate all Layer 2 (L2) tokens he holds to support public goods within the Ethereum ecosystem or broader charitable causes. This announcement comes a few days after accusations that he had sold millions in Ether (ETH) for personal gain. Vitalik Buterin Denies Profit Motive Buterin was quick to […]

Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including financial audits and ISO certifications. Once licensed, Binance will manage virtual assets, offer custody services, and conduct […]

Ready to unlock the secrets of the next crypto boom? The cryptocurrency market is on the verge of a transformative shift, and insider predictions …

The Dogecoin Foundation is releasing a map on how the Dogecoin (DOGE) blockchain and community are growing. In a new thread on the social media platform X, the team behind the popular dog-themed meme asset reveals a “trail map” that displays the milestones they have achieved and are planning to achieve. The first step, which […]

New data from market intelligence firm DappRadar reveals that the total value locked (TVL) in decentralized finance (DeFi) plunged during the month of August. In its industry report for August 2024, the crypto analytics platform unveils that while last month saw a record number of crypto wallets interacting with decentralized applications (DApps), both the TVL […]

Market is declining, and assets of all kinds are losing their value

Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend?

TL;DR In August, most crypto assets experienced significant declines due to market volatility and macroeconomic factors, such as the collapse of the yen carry trade. Ethereum performed particularly poorly, with its value falling 24%, while Bitcoin and Solana also suffered considerable losses. DeFi platforms and stablecoin projects like Maker and Agora faced major changes, with […]

TL;DR The major THORChain hard fork took place on September 4, but the price of RUNE has dropped 70% in the past six months. RUNE has dropped 12% in the last 24 hours and continues to decline. THORChain continues to move forward with its upgrade, which improves system efficiency and adds support for Bitcoin Taproot […]

The CEO of Ripple Labs (responsible for XRP), Brad Garlinghouse, has announced that the team’s upcoming stablecoin, RLUSD, is just around the corner. Speaking at a Korean blockchain conference, Garlinghouse suggested that RLUSD could go live in a matter of weeks. The news comes as Ripple announced they are integrating Ethereum-capable smart contracts onto the […]

DeFi continues to evolve with Aave’s recent expansion onto the Aptos blockchain, signaling a move beyond Ethereum Virtual Machine (EVM) compatibility. Aptos brings the promise of faster, cross-chain solutions tailored for high-performance transactions, setting the stage for Aave’s growth as stablecoin adoption gains momentum. “DeFi will eat finance” DeFi's evolution continues as @Aave breaks new […]

A key long-term price indicator for Bitcoin, the 200-day simple moving average (SMA) appears to be losing its bullish momentum as the US economy added fewer jobs in August 2024. Bitcoin Must Overcome The 200-Day SMA To Reverse Trend The 200-day SMA is considered one of the more reliable long-term indicators to gauge an asset’s […]

A US regulator says a former JPMorgan Chase employee has admitted to stealing thousands of dollars from customers’ accounts and from the bank’s ATMs. The Office of the Comptroller of the Currency (OCC) says Roberto Garcia, a former Chase personal banker, stole approximately $12,948 from the bank while serving as an ATM custodian in Miami, […]

Long-time trader Peter Brandt is issuing a warning on Bitcoin (BTC) amid the formation of a bearish chart pattern on the flagship crypto asset’s weekly time frame. Brandt tells his 737,000 followers on the social media platform X that Bitcoin is forming an inverted expanding triangle pattern on the weekly chart. In technical analysis, an […]

Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia announced this initiative in June and is still consulting market participants, with no set implementation date. Kalyalya highlighted that foreign currency use hinders effective monetary […]

Users add funds to their debit card by selling their cryptocurrency of choice, which is immediately made available on the card balance. Compared …

Bitcoin’s nosedives continued in the past 24 hours as the asset slumped from an intraday high of $57,000 to under $53,000 within hours. The altcoins are also in the red, and the total crypto market cap has dumped to $2 trillion for the first time in over a month. BTC’s Troubles Keep Coming The primary […]

Ripple CTO shares his take on ‘cease and desist’ order issued to Texas bank over working with Bitcoin and crypto companies

With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns.

Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head of Research. Bitcoin On-Chain Metrics Are All Giving Bearish Signals Right Now In a new thread on X, CryptoQuant Head of Research Julio Moreno has discussed why the original cryptocurrency […]

Cryptocurrency analyst and trader Ali Martinez is leaning cautiously bullish on an Ethereum-based altcoin. Martinez tells his 70,300 followers on the social media platform X that the native token of the Ethereum (ETH) scaling solution Polygon (POL) is forming a descending triangle pattern, on the weekly chart. A descending triangle pattern is typically considered a […]

A cryptocurrency analyst and trader is turning bullish on Tron (TRX) amid the native token of the layer-1 blockchain going up by over 20% in the past month. In a new video, the analyst pseudonymously known as Sherpa tells his 11,300 YouTube subscribers that over the past couple of years, the price of Tron has […]

The Penpie hacker remains active, continuing to funnel stolen Ethereum through Tornado Cash despite being offered a white hat bounty. To date, the hacker has transferred 4,000 ETH, worth approximately $9.66 million, to Tornado Cash from address 0xd44. They still retain 7,263 ETH, valued at $17.9 million, in their known wallets. [Update] #Penpie hacker continues […]

TL;DR Charles Hoskinson strongly opposes the proposal to burn 1.5 billion ADA tokens, arguing it would be theft from Stake Pool Operators (SPOs) and ADA holders. The Cardano community is divided: some see the burn as a way to increase ADA’s value, while others believe the funds should support Cardano’s development. Current guidelines prohibit burning […]

Australian asset manager Monochrome has lodged an application for its newest product – an Ethereum ETF. The fund, named IETH, is set to support cash and in-kind redemptions for investors. IETH, if approved, is targeting a September launch on the Aussie exchange Cboe Australia. Though the crypto market has hit September in a bit of […]

According to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA)in overseeing internet users, Yu believes these frameworks fall short because they do not translate into full user […]

Since January 2022, the Consumer Finance Institute (CFI) has collected information about cryptocurrency ownership from six different surveys; all …

The total cryptocurrency market capitalization has declined by more than $110 billion during the last seven days. This continues the broader negative trend that’s engulfed the industry in the past few months, pushing its capitalization closer to $2 trillion. Naturally, the decline comes on the back of disappointing performance on behalf of Bitcoin and most […]

It is quite clear: Market is in dire state, and things are not looking great

The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.

A deep-pocketed crypto holder who bought Bitcoin (BTC) nearly 12 years ago is suddenly moving the flagship digital asset at a massive profit. On-chain data shows that on Thursday the previously dormant crypto wallet moved 31.90 Bitcoin worth $1,810,404 at the time, a gain of 487,122%. The Bitcoin was bought for under $12 in 2012. […]

Solana (SOL) has been holding above the $120 mark since experiencing a significant 24% retrace from its local highs. As the crypto market faces growing fear and uncertainty, Solana has remained one of the strongest performers this cycle, attracting attention from analysts and investors looking for opportunities. This current price zone is critical, as it […]